Market futures in the -- this morning as investors wait on those Federal Reserve meeting minutes from July. We've been talking about this for several days for to help explain what investors will be looking for and a breakdown some other top business headlines and am pleased to have Matt Nesta though from Yahoo! finance -- -- I doing that I'm doing great glad to have you with this sort of like Groundhog Day we keep talking about these minutes now. What are investors going to be looking for -- what's at stake here tomorrow. How well -- they'll be looking for any surprises but they don't like surprises so they hope there will be none. It's all about as you know the timing of tapering and what was discussed at that July meeting and -- you know we hear inside the meeting. You know all the different members on the open market committee how they voted what they -- what they talked about ending like that. -- may be shed some more light on the probability. And the degree to which the Fed. Will start scaling back those 85 billion dollars a month a bond purchases that they are expected to do starting at the September. Seventeenth and eighteenth meeting so. People don't like surprises hopefully that will be -- hopefully their views will remain in. Act but you just never now -- till 2 o'clock columns that's right sort going to be closely watching that you know its interest in this is sort of -- we've been talking about this for some time. Investors sort of know this is going to happen it's coming may have been hinting at it why why this concern why -- angst over wind it's gonna happen. Well you know that makes a lot of difference right if you via the big as bad as buyer in the bond market or any market -- it doesn't matter what market you're talking about. But in this case it's the bond market. If you take out 85 billion dollars a month that's over one trillion dollars a year of buying power into this marketplace. That's gonna depressed prices and send yields higher that's whether donated to keep yields. Artificially. Lower than they naturally would already in advance just on the risk. Of actually pulling back that big buyer we've seen the bond market itself move ahead of the fat and that's -- rates or where they are right now. Are definitely going to be watching that very closely into this afternoon into tomorrow but speaking of the Federal Reserve -- -- ask you. I'm mad about something else that they're looking at we're we're hearing the Fed is looking to rule on debit card swipe fees is this really -- big problem. Well. You know consumers would think so The National Retail Federation and some other bomb retail trade group said sued basically the say. That the -- ruling on those swipe fees which cap them at 21 cents. Per transaction was illegal or -- bill designed. And -- judges agree with them and they gave the Fed one week until today to come back to say. Whether or not they can rewrite the rule the Fed is sort of stock a week is not a lot of time to get anything done in August in Washington. And so they might throw -- overboard 21 senses the cap doesn't seem like a lot of money. But if you do you know a thousand transactions at C you know 200 box. Yeah I definitely won't won't make again a lot of people using those debit cards. What -- move on now to talk a little bit about the credit rating agency Moody's. We're used to seeing a report that they are now raising their outlook. From -- from negative to stable for the US economy what does this signal of -- -- That's what -- -- let's just be clear -- they've raised their outlook for US states which is the municipalities etc. State's fifty -- stars and stripes and her -- they've raised that to stable from negative at all that means is that the likelihood. Of a downgrade. Of the actual -- the letter grade rating that they assigned to various states. Collectively is a little bit lower than it stable that the probability of -- down. Great now does in the -- appeared there where before was negative the outlook was negative and that meant that a downgrade was more likely they still say they say there's been significant improvement. The state finances we know all this we know the budgets are are better they're far from good. That -- states have caught a lot to try to get in line but they still point out that there -- significant. Fiscal budgetary risks and economic risks going -- they did the same thing by the way for the actual US credit rating which. They've maintained -- triple -- while others have downgraded. All along but they did to upgrade the US itself to -- stable from negative. About a month ago -- -- interest -- and all of this ahead of a big budget battle in Washington again this fall which caused those ratings to B influx just in a year or so ago right. That's right that's right and so we you know this -- are these -- minors a -- -- you know Warren Buffett is the biggest holder. Shareholder of Moody's corporation's but publicly traded company. And you know he backs the -- USA and uncle Sam's unsurpassed ability to pay its bills or his bills. Our bills. And that -- never downgraded SMP of course cut a couple years ago was quite a shocking event. They had the reverse effect on the actual bond market where we saw because of the turmoil that ensued from the downgrade from the budget impasse we saw people actually flooding into the dollar and flooding into treasuries. Which drove the prices up -- saw the downgraded asset. Actually rising. In price -- let's talk a little but about some earnings lot of companies as we come in order earnings reports Lowe's the home improvement retailer. Posted some pretty big profits and I'm assuming that's because of the rebound in the housing market. -- in -- read a report to one analyst pointed out not only housing in general but. But just spending habit consumers appear Leeson oh as some are saying to want to spend on more durable goods they're they're happy to open up. On the big -- home improvement project or something like that where they feel like they have. Something that's gonna last and be around a while rather than on you know sort of more. You know. Low cost goods clothes and things like that may be meals so yeah -- is doing well home Depot's doing really well there in a dogfight right now for market share. But they did the three magic words and everybody wants to hear company do. On Wall Street nets beat and guide higher and the -- they did do -- indeed in good sign for those shareholders. -- Davis -- that's sad story real quick -- Kodak the pioneering filmmaker who we understand is going bankrupt and -- not a business is that right. Well they've been in bankruptcy for a year or more I -- remember when they went enemy has been awhile. And now judges approve their plan to come out of bankruptcy they've come back into business as a whole new entity. Relieved of some four billion dollars of debt which kind of makes it hard to do business when -- shrinking company but they will not be the same Kodak that everybody grew up wins. There out of the commercial film business entirely they're going to be a packaging company. Packaging and printing commercial packaging and printing so. Just a little small industrial company up in upstate New York. Sell and packaging totally different than us that's their core asset that's left and the judge appears to have okayed. That plan. Talk about retooling and an American iconic companies -- forever. I love this next story just wanna ask your -- before we go right Tesla the electric carmaker. Some news overnight that its claiming to have may -- safest car ever. According to some federal car safety tests but. Tell us about how many things how many of these they're selling and -- don't lots of cars get five star ratings from the government. They -- -- you know so the thing is it's all by. Car make and size and so for their size of the cardinal what category they fall into compact midsize. Sedan -- you know an SUV will still ultimately be a safer car that a compact car sheer physics. But they did they got a great ratings and a one test they got that better than a five they get a five point four which is. You -- unprecedented. And the story of course that was going around was that there that their car broke the testing machine that was so -- the roof crushing machine and so. Tesla is taking that and you know of course saying safest -- ever -- cars ever broken the machine we did it where the safest. They got great ratings their love and its testicles time in the sunshine everything seems to be. You know going just like they would like -- to go right now and so you know they were already car of the year from the -- had crowded now they get the safety stars on top of it -- so. -- -- -- You Tesco us score one for the electric car I guess -- -- Aren't there -- -- 80000 dollar electric that's right it is not cheap but these are certainly do look pretty cool. Our let's -- got a look at the Dow right now before we let Mac -- it's down now about 31 points right now. Met -- from Yahoo! finance thanks -- -- --

This transcript has been automatically generated and may not be 100% accurate.

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